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20110726
20110726
Search Results 0 to 11 of about 12 (some duplicates have been removed)
the battle on a short term debt ceiling because we can't put together a big one in one week's time. and you noticed the president had no statement in there, "i will veto a short-term debt ceiling." what happened to that? >> he didn't have that. i was wondering if you would allow if you ear in the president's position or advisor, you advised many presidents before. would you not tell him to stand up to his opponents? >> i would not tell the president of the united states to veto a short term debt ceiling. if, as a result, i'm going to throw my country into default over what? the president is willing to accept a clean debt ceiling with nothing. now boehner is going to give a debt ceiling with $1 trillion in cuts. why would he reject the good because it's not the best? >> my advice -- i think, pat, we've had this discussion on the show. pat and i sparred a bit in the last two weeks. i think pat, unfortunately, for the democrats standpoint is right. i don't mean you're right. you're more right this morning than wrong. if the president has to accept a short term plan which is looking more and mo
is your chance to talk back on one of the big stories of the day. today's question is what would you tell congress to do about the debt limit? carol costello is joining us from washington. carol, i bet you're going to get a lot of folks weighing in on this one. >> i urge all of our facebook friends to keep it clean. that's my only request today. what is happening in washington is political gamesmanship at its worse. it's ugly and more than a little scary. the united states has never gone into default because past administrations and lawmakers have compromised. cnn contributor john avalon says lawmakers have raised the debt ceiling 77 times including 8 tooils times under ronald reagan and back in the day politicians weren't quite so macho. many insist on standing on principal even though most americans stand on the side of good old fashioned compromise. two-thirds of americans want the president and republicans to compromise, rather than stand up for their beliefs to get things done. wow. a break from part is anship. perhaps the happiest outcome of the president's speech last night was whe
said it was going to -- said it was going to. here's why it's such a big problem. because of speaker boehner, he said there's one major principle, you'll remember, jessica, as they moved forward to raise the debt ceiling, that the amount of the cuts be greater than the amount they raised the debt ceiling. and in this legislation right now is called for raising the debt ceiling by $900 billion, $850 billion, is less than $900 billion, so know that's a problem. policy aides are scrambling to try to rewrite the legislation to make their way forward. we know they're aiming for a vote tomorrow, but we don't know if they can promise it quite yet. we got a speaker from speaker boehner's spokesman, this coming from michael steele, in response, in reaction to the cbo, michael steele said we're here to change washington, no more spoke and mirrors or phantom cuts. we promised we'd cut more than the debt ceiling. as we speak, congressional, are looking at options to rewrite the legislation to meet our pledge. this is what can happen when you have an actual plan and submit all it really seemed to
procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> with titles like "slander," and coulter has something to say. now, your chance to talk to the best-selling author. in death, for three hours starting at noon on both tv. >> the former u.s. comptroller general david walker of the nation pose a growing debt and budget deficit challenges. from "washington journal,", this is 30 minutes. the former u.s. comptroller general and now founder and ceo of the comeback american initiative, david walker print a good morning. forve said it is a bad idea the congress and president to flirt, so to speak, with the august 2nd deadline of hitting a possible debt default. what do you think is going on right now and are concerned there is not a deal in place yet? guest: i am concerned. if everybody is true to their
nothing would do. now, after we have restored some confidence here by this big step of doing nothing, we could do another half of nothing and put people back to work. now, how could we do half of nothing and put people back to work? president obama has adopted this cockamamie republican idea of a social security tax holiday putting people to work. i know a lot of families that could use an extra 20 bucks a week, but them spending 20 bucks a week for food on the tape table, doesn't put people back to work. if you are unemployed, you don't get the 20 bucks. we are borrowing $120 billion to do that under the guise this is creating jobs. and the president last night mentioned he wants to create jobs. guess what? it's not working. we do half a nothing. we allow the social security tax holiday to expire. doesn't create any jobs. we don't borrow the $110 billion from china to put in the social security trust fund. instead, we borrow $110 billion to put people back to work in private sector jobs. we resolve to begin to rebuild our crumbling infrastructure. $110 billion applied to the 150,000 bri
senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it a i object to it and i expect an appropriate amount of time to consider whatever plan comes ded women like them guard these hallowed halls. mr. president, some of those dedicated police officers stood guard saturday and sunday as we worked to reach an agreement to avert a default on our national debt. leaders from both parties were here throughout the weekend. differences still separate our two sides but work toward an agreement continues. this afternoon, i will put on the floor a proposal to -- that i hope will break that impasse. this legislation would put to rest the specter of default. it would cut $2.7 trillion from the deficit over the next decade. it would not raise any new revenue or make any cuts to medicare, medicaid or social security. all the cuts included in this package have previously been supported by republicans. the
and they count on washington, not always to take care of everything but take care of the big things like making sure we don't default on our obligations. he needed to talk to the american people, to those americans who haven't been paying close attention where this stands and why it is so important and why the risk is there that if congress doesn't act and we believe it will, something that has never happened before in our history could happen and it would be very bad indeed. that's why he had to address the country and why he wanted to explain to them his view, that compromise is so necessary. >> one other quick thing. i think on cbs radio this morn dan pfeiffer said if congress does not act by august 2nd this could lead to a depression. is this your position, that we might have a depression in america? >> depression, what i know, what, economic experts have said is that, and again, republican and democrat, jim baker, ronald reagan, all sorts, have said that a default on our obligations would produce an economic calamity. how that, how you demean that obviously depend on how long it lasts and
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Search Results 0 to 11 of about 12 (some duplicates have been removed)

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